LOC and LOC backed: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Create the page. Sources: linked page.) |
imported>Doug Williamson m (Link with Issue page.) |
||
Line 1: | Line 1: | ||
Letter of | Letter of credit backed. | ||
An issue, usually of commercial paper, backed by a bank letter of credit – effectively a bank guarantee. | |||
==See also== | |||
*[[Letter of credit]] | == See also == | ||
*[[Issue]] | |||
* [[Commercial paper]] | |||
* [[Letter of credit]] |
Revision as of 17:14, 3 August 2014
Letter of credit backed.
An issue, usually of commercial paper, backed by a bank letter of credit – effectively a bank guarantee.